Tellimer’s Malik on Oil, Breakevens, Seera, Turkish Lira

The video discusses the dynamics of the oil market, highlighting strong performances in oil-exporting countries and anomalies in Oman and Nigeria. It examines fiscal break evens in the UAE and Saudi Arabia, emphasizing the need for economic reform and diversification. The video also explores the market position of Saudi banks and Alterior, particularly in relation to the Kareem Uber deal. Finally, it addresses the impact of currency volatility on the Turkish economy, drawing parallels with Argentina's economic situation.

Which countries have shown weak performance in equity markets due to being oil importers?

• GCC countries

• Asian markets

• Kazakhstan

• Colombia

What is a key factor driving Alterior's main business?

• Venture capital investments

• Growth in Saudi domestic tourist traffic

• International oil prices

• MCI related index flows

What has been the market response to Alterior's stake in Kareem after the Uber acquisition?

• Significant increase in stock price

• Decrease in stock price

• No significant change in stock price

• Stock price doubled

How does currency volatility affect Turkish equities?

• Reduces risk for banks

• Improves environment for exporters

• Increases disposable income

• Stabilizes consumption plays

Which country is compared to Turkey in terms of economic policy and FX volatility?

• Brazil

• Argentina

• India

• South Africa